Community Shares Booster Programme
What is the Community Shares Booster Programme?
This £3 million programme is delivered by the Community Shares Unit and funded by Power to Change. It aims to support community business in launching their community shares offer and by matching the amount they are able to raise with an equity investment of up to £100,000.
Is it open for applications?
The Community Shares Booster Programme is now open for applications.
Who can apply?
Community businesses in the process of setting up and launching a community shares offer that can demonstrate high levels of community impact, innovation and engagement.
Is your application linked to a community pub? If so, please apply to the More than a Pub (MTAP) Programme which is currently open for applications for communities wanting to open and run a community pub which will also deliver services for the benefit of the wider community. MTAP provides specialist support to groups planning to take ownership of an existing pub which has either recently been closed or ceased trading, and be able to demonstrate that the pub is for sale. To find out more, please visit the Plunkett Foundation website or call the programme helpline on 01993 810730. If you meet the eligibility criteria for More than a Pub, we recommend you develop your proposal with MTAP first, before considering an application to the Booster Programme.
What can you apply for?
- Equity investments of up to £100,000 to match what societies can raise through community shares. Match funding will be in the form of equity held on equal terms with other community shareholders.
- Development grants of up to £10,000 to help societies get investment ready and meet standards of good practice.
Community Shares Step-by-Step is an online tool that enables you to work towards launching a community share offer. It is designed to help anyone considering raising community shares at any stage of development, from those investigating the idea for the very first time, to those who are on the verge of issuing an offer.